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Outlet profile

Business Standard

Indian, pro-business center-right

Owned byBusiness Standard Private Limited. Entities tied to the Kotak family (Uday Kotak and Kotak Mahindra) hold a large majority stake, reported at about 95%. The ABP Group is the other shareholder. An independent board of directors runs the company.
FundingMainly advertising and print and digital subscriptions (it has a paywall). The Kotak family, as majority owner, is the capital backer.
On the administrationmostly neutral

Background

Business Standard was founded on March 27, 1975, as an English-language business daily. It was started by the ABP Group (Ananda Bazar Patrika) and its first issue came out in Kolkata. It grew in circulation but ran heavy losses. In the mid-1990s ABP brought in Uday Kotak of Kotak Mahindra as a capital partner. Kotak Mahindra bought into the paper in 1997, and Kotak-linked entities now hold most of the shares, with ABP as the other shareholder. Having a banker as the main owner means the paper covers a sector its owner works in, though the company says an independent board runs it. It is known for market, banking, and economic policy reporting, and it has Hindi and digital editions. Its editorial line is generally pro-market and pro-reform, and it mostly backs liberalization. On the Trump administration, its 2026 editorials have focused on how U.S. tariff moves, such as proposed Section 301 duties on Indian goods after court setbacks, create trade uncertainty for India. Its coverage describes the policies and their effects on Indian exporters. It does not take a side in U.S. partisan politics.

Sources

  1. Business Standard – About Us
  2. Business Standard – Wikipedia
  3. Media Bias/Fact Check – Business Standard (India)
  4. Best of BS Opinion: USTR tariff threats deepen trade uncertainty
  5. Brunswick Review – Asia's Richest Banker (Uday Kotak)

Profile compiled 2026-10-06; refreshed when ownership, funding, or the administration changes.

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